Common use of Real Property Transfer Tax Clause in Contracts

Real Property Transfer Tax. Except as set forth in Part 2.10(p) of the TPT Disclosure Schedule, none of the TPT Corporations owns any interest in real estate as a result of which ownership the Merger or any related Contemplated Transaction would be subject to any realty transfer Tax or similar Tax.

Appears in 2 contracts

Sources: Merger Agreement (TorreyPines Therapeutics, Inc.), Merger Agreement (Raptor Pharmaceuticals Corp.)